Civil Engineering PE Project Planning and Estimating 2

Question 1

A project has the following activities with durations: A=5d, B=3d, C=4d, D=6d, E=2d. The network shows A→C→E and A→B→D→E as paths. What is the critical path duration?

Accepted Answer

16 days

Answer

11 days

Answer

14 days

Answer

13 days

Question 2

Which estimating method uses historical cost data from similar completed projects as its primary basis?

Accepted Answer

Analogous estimating

Answer

Parametric estimating

Answer

Bottom-up estimating

Answer

Three-point estimating

Question 3

A contractor submits a bid of $2,400,000 for a project. If the contractor's overhead is 12% and profit is 8% of the total bid, what is the estimated direct cost?

Accepted Answer

$1,920,000

Answer

$1,800,000

Answer

$2,016,000

Answer

$1,680,000

Question 4

In earned value management, a project has BAC=$500,000, EV=$300,000, AC=$350,000. What is the Cost Performance Index (CPI)?

Accepted Answer

0.86

Answer

1.17

Answer

0.60

Answer

0.70

Question 5

The Master Format specification system used in construction is organized primarily by:

Accepted Answer

Work results and construction products

Answer

Geographic location

Answer

Project phase

Answer

Trade contractor type

Question 6

What does a negative float (slack) on a non-critical activity indicate in a project schedule?

Accepted Answer

The project cannot meet its deadline without changes

Answer

The activity has extra time available

Answer

The project is ahead of schedule

Answer

The activity is on the critical path

Question 7

A construction project uses a unit price contract for earthwork at $8.50/CY. If the estimated quantity is 50,000 CY but the actual quantity is 62,000 CY, what is the final payment for earthwork?

Accepted Answer

$527,000

Answer

$425,000

Answer

$476,000

Answer

$511,000